4//SEC Filing
LESCO INC/OH 4
Accession 0001395166-07-000022
CIK 0000745394operating
Filed
May 8, 8:00 PM ET
Accepted
May 9, 6:14 PM ET
Size
10.0 KB
Accession
0001395166-07-000022
Insider Transaction Report
Form 4
LESCO INC/OHLSCO
Weisbarth Michael A
V.P., CFO & Treasurer
Transactions
- Disposition to Issuer
Option to Purchase Common Shares
2007-05-07$2.19/sh−25,000$54,750→ 0 totalExercise: $12.31From: 2007-03-08Exp: 2007-05-07→ Common Shares (25,000 underlying) - Disposition to Issuer
Common Shares
2007-05-07$14.50/sh−7,727$112,042→ 0 total - Disposition to Issuer
Common Shares (Restricted)
2007-05-07$14.50/sh−3,000$43,500→ 0 total
Footnotes (4)
- [F1]Pursuant to the Merger Agreement (the "Merger Agreement"), dated February 19, 2007, between Deere & Company, Deere Merger Sub, Inc. and LESCO, Inc., the restricted common shares of LESCO, Inc. vested prior to the effective time of the merger. Restricted common shares were then disposed of in connection with the merger.
- [F2]Disposed of pursuant to the merger with Deere & Company.
- [F3]Pursuant to the Merger Agreement and the transactions contemplated thereby, options to purchase common shares fully vested and were converted into the right to receive, without interest and less applicable withholding taxes, an amount in cash equal to the product of: (x) the excess, if any, of $14.50 over the exercise price per common share subject to that option multiplied by (y) the aggregate number of common shares underlying that option immediately prior to the effective time.
- [F4]Shares are owned by Reporting Person in self directed IRA with respect to 1,000 shares and by Reporting Person and wife jointly with respect to 3,000 shares. 3727 shares are owned pursuant to the LESCO, Inc. Salary Savings and Stock Investment Plan and Trust.
Documents
Issuer
LESCO INC/OH
CIK 0000745394
Entity typeoperating
IncorporatedOH
Related Parties
1- filerCIK 0000745394
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 6:14 PM ET
- Size
- 10.0 KB